Hilton Garden Inn, Jackson
High-Growth Market
The hotel is in Jackson, Tennessee, 70 miles east of Memphis. It is the second-largest city in West Tennessee and the state's eight-largest city. The hotel's excellent highway visibility, proximity to the I-40 exit, and abundant nearby retail/restaurant offerings position the property to continue capturing transient and corporate demand and insulating performance from new supply additions.
Dynamic Location
Healthcare is Jackson's largest industry, with West Tennessee Healthcare - the largest hospital system between Memphis and Nashville - serving a 17-county area of rural West Tennessee. Jackson is also a key shipping and manufacturing hub, housing major companies like Delta Faucets, Toyota, Kellogg's and Pinnacle Foods Group. Major companies continue to develop manufacturing facilities in the Jackson area, including Georgia-Pacific, opening in 2024, and Ford Motor Company, with its Blue Oval City mega campus slated to start operations in 2025.
Value-Add Opportunity
The quality of the hotel will be enhanced through renovations that include upgrades to the lobby area, corridors and guestrooms, which will bolster performance.
Related
Case Studies
.jpg)
.jpg)
Quédate informado.
Peachtree Closes 17 loans totaling more than $244MM in the last 90 days
Peachtree Group Closed 17 loans totaling more than $244MM in the last 90 days
Peachtree Group is a nationwide direct balance-sheet lender, offering competitive terms, in-house loan servicing, and flexible capital to handle a wide array of projects.
Peachtree provides full-stack debt capital solutions to qualified commercial real estate owners across all sectors throughout the U.S. We offer bridge, construction, mezzanine, preferred equity, CPACE, permanent and NNN financing.
See below for some of the most recent loan transactions from Peachtree Group including hotel loans, retail, multifamily, industrial, and land. Click here for our portfolio.
%20(400%20x%20400%20px)%20(1).gif)
Need Financing? Contact us at lending@peachtreegroup.com.
FEATURED: $20.5MM Development Loan for a Conversion
Peachtree Group worked with the Sponsor to convert a retail store to an industrial building in a sought-after area of Sacramento, CA.
Read the Case Study.
FEATURED: $12.5MM Bridge Loan for a Hotel
Peachtree Group worked with the Sponsor to pay off its maturing loan while executing a business plan to upgrade its property to better compete in the marketplace and retain its Hilton flag.
Read the Case Study.
Peachtree is an award-winning hotel lender. Contact us to discuss your deal.